SteppyFish: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SteppyFish
Largest movements
- Current investments +€200,000
new in 2026: €200,000
- Cash -€86,679
down €86,679 (-54.5%), from €158,973 to €72,294
mainly Current investments (-€200,000) and Debts after one year (-€37,266)
- Tangible fixed assets -€56,162
down €56,162 (-5.1%), from €1.1m to €1.0m
of which Land and buildings: -€35,222
- Reserves +€107,750
up €107,750 (+18.0%), from €598,870 to €706,620
- Debts after one year -€37,266
down €37,266 (-13.5%), from €276,560 to €239,294
- Depreciation +€26,658
up €26,658 (+85.1%), from €31,338 to €57,996
- Financial income -€13,897
down €13,897 (-92.2%), from €15,070 to €1,173
- Taxes +€4,937
up €4,937 (+11.5%), from €42,966 to €47,903
- Financial charges -€4,319
down €4,319 (-33.8%), from €12,787 to €8,468
From the 2025 result to the 2026 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,280,242 | €1,344,425 | +€64,183 | +5.0% |
| Fixed assets | 21/28 | €1,117,357 | €1,061,195 | -€56,162 | -5.0% |
| Tangible fixed assets | 22/27 | €1,095,357 | €1,039,195 | -€56,162 | -5.1% |
| Land and buildings | 22 | €993,725 | €958,504 | -€35,222 | -3.5% |
| Plant, machinery and equipment | 23 | - | €1,760 | +€1,760 | |
| Furniture and vehicles | 24 | €101,632 | €78,931 | -€22,701 | -22.3% |
| Financial fixed assets | 28 | €22,000 | €22,000 | = | 0.0% |
| Current assets | 29/58 | €162,885 | €283,231 | +€120,345 | +73.9% |
| Amounts receivable within one year | 40/41 | €3,912 | €10,937 | +€7,025 | +180% |
| Trade receivables | 40 | €1,879 | - | -€1,879 | |
| Other amounts receivable | 41 | €2,034 | €10,937 | +€8,903 | +438% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €158,973 | €72,294 | -€86,679 | -54.5% |
| Total equity and liabilities | 10/49 | €1,280,242 | €1,344,425 | +€64,183 | +5.0% |
| Equity | 10/15 | €827,971 | €935,722 | +€107,750 | +13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €598,870 | €706,620 | +€107,750 | +18.0% |
| Distributable reserves | 133 | €598,870 | €706,620 | +€107,750 | +18.0% |
| Profit (loss) carried forward | 14 | €210,501 | €210,501 | = | 0.0% |
| Amounts payable | 17/49 | €452,271 | €408,704 | -€43,567 | -9.6% |
| Amounts payable after more than one year | 17 | €276,560 | €239,294 | -€37,266 | -13.5% |
| Financial debts | 170/4 | €276,560 | €239,294 | -€37,266 | -13.5% |
| Amounts payable within one year | 42/48 | €175,684 | €166,222 | -€9,462 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €52,893 | €48,620 | -€4,273 | -8.1% |
| Trade debts | 44 | €4,540 | €830 | -€3,710 | -81.7% |
| Suppliers | 440/4 | €4,540 | €830 | -€3,710 | -81.7% |
| Taxes, remuneration and social security | 45 | €17,793 | €18,539 | +€745 | +4.2% |
| Taxes | 450/3 | €17,793 | €18,539 | +€745 | +4.2% |
| Other amounts payable | 47/48 | €100,457 | €98,233 | -€2,224 | -2.2% |
| Accrued charges and deferred income | 492/3 | €27 | €3,188 | +€3,161 | +11,907% |
| Non-recurring operating income | 76A | €30,299 | - | -€30,299 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,338 | €57,996 | +€26,658 | +85.1% |
| Other operating charges | 640/8 | €3,545 | €2,656 | -€888 | -25.1% |
| Gross operating margin | 9900 | €225,481 | €223,600 | -€1,881 | -0.8% |
| Operating profit (loss) | 9901 | €190,598 | €162,948 | -€27,650 | -14.5% |
| Financial income | 75/76B | €15,070 | €1,173 | -€13,897 | -92.2% |
| Recurring financial income | 75 | €15,070 | €1,173 | -€13,897 | -92.2% |
| Financial charges | 65/66B | €12,787 | €8,468 | -€4,319 | -33.8% |
| Recurring financial charges | 65 | €12,787 | €8,468 | -€4,319 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €192,881 | €155,653 | -€37,228 | -19.3% |
| Income taxes | 67/77 | €42,966 | €47,903 | +€4,937 | +11.5% |
| Profit (loss) for the period | 9904 | €149,915 | €107,750 | -€42,165 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €149,915 | €107,750 | -€42,165 | -28.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.